A mod analysis can provide priceless insight into your business operations and workers’ compensation losses. If you have a basic comprehension of how a mod is calculated, you can make use of a few simple equations to gain a deeper understanding of the factors affecting your number. Determination of the minimum mod The minimum mod, or the loss-free rating, is
Creating a comprehensive safety culture is the number-one way to reduce injuries and illnesses, and their associated costs. But building such a culture is not a “flavor of the month” program or an overnight process. Instead, it is a multi-year, top-management commitment that creates an organization with low accident rates, low absenteeism, low turnover, and high productivity. This is a